Hamilton Lane Inc’s recent filing unveils that its Officer STEPHEN R BRENNAN acquired Company’s shares for reported $2.96 million on Nov 27 ’24. In the deal valued at $197.66 per share,15,000 shares were bought.
Then, Delgado-Moreira Juan bought 525 shares, generating $105,950 in total proceeds. Upon buying the shares at $201.81, the Co-Chief Executive Officer now owns 21,975 shares.
Before that, Oakville Number 2 Trust sold 55,000 shares. Hamilton Lane Inc shares valued at $5,940,000 were divested by the 10% Owner at a price of $108.00 per share. As a result of the transaction, Oakville Number 2 Trust now holds 480,015 shares, worth roughly $67.75 million.
Goldman downgraded its Hamilton Lane Inc [HLNE] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid September with a ‘”an Equal weight”‘ rating. JP Morgan also remained covering HLNE and has decreased its forecast on April 11, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Oppenheimer revised its rating on January 11, 2024. It rated HLNE as “a Perform” which previously was an “an Outperform”.
Price Performance Review of HLNE
On Tuesday, Hamilton Lane Inc [NASDAQ:HLNE] saw its stock jump 2.24% to $141.14. Over the last five days, the stock has lost -3.82%. Hamilton Lane Inc shares have fallen nearly -4.67% since the year began. Nevertheless, the stocks have risen 27.89% over the past one year. While a 52-week high of $203.72 was reached on 01/03/25, a 52-week low of $103.42 was recorded on 01/14/25. SMA at 50 days reached $173.75, while 200 days put it at $146.54.
Levels Of Support And Resistance For HLNE Stock
The 24-hour chart illustrates a support level at 137.69, which if violated will result in even more drops to 134.24. On the upside, there is a resistance level at 143.12. A further resistance level may holdings at 145.10. The Relative Strength Index (RSI) on the 14-day chart is 26.97, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.06%. Stochastics %K at 13.49% indicates the stock is a buying.
How much short interest is there in Hamilton Lane Inc?
A steep rise in short interest was recorded in Hamilton Lane Inc stocks on 2024-12-31, growing by 0.59 million shares to a total of 1.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.01 million shares. There was a rise of 36.78%, which implies that there is a positive sentiment for the stock.
